Today, the transaction price of ammonium metavanadate 98% is 96,000 to 98,000 yuan/ton in cash. It is not easy to trade at a high level. Due to the low price of alloys, alloy factories purchase raw materials at low prices. Last Saturday, there was a small amount of cash of 95,000 yuan/ton transactions of ammonium metavanadate. As the domestic vanadium price keeps falling recently, the pressure on the cost of ammonium metavanadate manufacturers is increasing. Manufacturers are more reluctant to sell, and their quotation intentions are not high. Some manufacturers are considering to stop production in May for maintenance and wait for the market to stabilize.
An ammonium metavanadate factory in Henan: At present, the downstream alloy factory cannot afford the price, and the production cost is about 90,000 yuan/ton. It plans to arrange factory maintenance in mid-May, and wait and see the market;
An ammonium metavanadate factory in Hebei; the current price of ammonium metavanadate is low, and it is planned to reduce production slightly in May, from 80 tons to 40-50 tons;
An ammonium metavanadate factory in Guangdong; the raw material of ammonium metavanadate was bought at the end of last year, the cost is high, and now it is completely at a loss. It is planned to stop production in May for maintenance, and the time for resumption of production is to be determined.
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